SPRING WILLOW, PAYHEMBURY, HONITON, EX14 3HA - £640,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRING WILLOW is a very large detached house of 219m², built sometime between 1983 and 1990. It was last sold for £640,000 in March 2020, which was around 48% above the average March 2020 detached price in the East Devon local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

SPRING WILLOW Sold Prices

Land registry data shows two sales for SPRING WILLOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two SPRING WILLOW sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 4 MAR	£640,000	£431,655	48% above HPI
1997 27 JUN	£165,000	£102,916	60% above HPI

SPRING WILLOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two SPRING WILLOW sales from June 1997 and March 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1997 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2020 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is SPRING WILLOW?

SPRING WILLOW is 219m² according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses by size in Payhembury, and where SPRING WILLOW lies on this distribution: 93% of detached houses are smaller than SPRING WILLOW, and 7% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

SPRING WILLOW: Plot and Title Map

SPRING WILLOW sits on a plot of roughly 0.406 of an acre, or 1,642m². The below map shows the location of SPRING WILLOW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of SPRING WILLOW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is SPRING WILLOW?

SPRING WILLOW is located in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of SPRING WILLOW in PAYHEMBURY.